A bill to provide for the payment of interest by the Federal Government on any amount due for more than thirty days to any person under the terms of a contract entered into by the Federal Government and such person.

openUnited States· United States Congress· EN

Introduced

5 January 1981

Last action

—

Status

Subcommittee on Federal Expenditures. Hearings held.

Summary

Requires each Federal agency to include in each of its contracts for goods or services a provision specifying that the United States will pay interest on contract payments not paid by the thirtieth day after the agency receives a proper invoice for the goods or services.

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Versions

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Documents

1 official file

Introduced in Senate
summary · EN · 5 January 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/senate-bill/30
Open data entity: https://api.congress.gov/v3/bill/97/s/30